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Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
Bahamas ‘leads pack’ over digital adoption
A senior Royal Bank of Canada (RBC) executive yesterday hailed The Bahamas as “a bit of a bellwether” for the Caribbean on digital payments adoption with more than 50 percent of its local clients now using such channels.
Stephen Sears Jr and X-Men remain undefeated in the AUS
STEPHEN Sears Jr got his first start of the season and his St Francis Xavier X-Men won an early matchup of undefeated teams in Atlantic University Sport Football.
Downtown art district plan to put Miami, New York ‘second’
The Ministry of Tourism’s plans to transform downtown Nassau via creation of an “art district” will relegate similar spaces in New York and Miami to “second spot”, a senior official pledged yesterday.
Just two diseases cost taxpayer $35m
Just two diseases consume more than one out of every six dollars in the Government’s annual health budget, it was revealed yesterday, with its public clinics facing an “extraordinary requirement for improvement”.
COVID-19 controls ‘saved’ $900m external reserves
The Bahamas’ capital controls saved “around” $900m in external reserves at COVID’s peak, an economic researcher has estimated, while also helping to lower the Government’s annual interest burden by 2.5 percent of GDP.
Hurricane Ian could bring heavy rainfall
THE National Emergency Management Agency continues to closely monitor the track of Hurricane Ian which forecasters anticipate could bring heavy rainfall to the northwest Bahamas.
Hield optimistic about potential of pacers’ young core
CHAVANO “Buddy” Hield was the focus of trade rumours for months, but after his first offseason as a member of the Indiana Pacers, the veteran guard is optimistic about the potential of his team’s young core for the 2022-23 campaign.
WORLD VIEW: President Putin - The world should say ‘no more’
“EVERY bullet, every bomb, every shell that hits a target in Ukraine, hits our pockets and our economies in Africa.” Those were the words of the President of Ghana, Akufo-Addo, at the UN General Assembly on September 21.
Jones and BIH look to get in the win column
Jonquel Jones and her Bosnia and Herzegovina (BIH) side remain winless thus far at the FIBA Women’s Basketball World Cup.
New asphalt plant commissioned
WORKS and Utilities Minister Alfred Sears commissioned a production facility, the Astec Double Barrel Six Pack Asphalt Plant, on Friday.
‘Let businesses set own rules over mask rules for customers’
GROCERY store managers said yesterday that while they support the lifting of the country’s mask mandate, they also believe businesses should be allowed to set their own mask wearing rules for customers.
Second murder in two days
POLICE are investigating a second homicide in as many days after a man was shot dead yesterday morning off Hamster Road.
PART I: Small island, huge impact - historical facts and truths about Taiwan
US House Speaker Nancy Pelosi’s recent visit to Taiwan was provocative, reckless and dangerous. The visit, which was the culmination of misguided US moves to challenge China’s core national interests, left the political foundations of China-US relations shaken and drew an expectedly strong reaction from China.
STATESIDE: Biden’s age, inflation and immigration record to be tested
POLITICIANS are quite comfortable lobbing verbal grenades at an incumbent president of the opposing party, and the current crop of Republican office holders and job seekers is no different. In the steady, numbing drumbeat of GOP criticisms of Joe Biden and his administration, the loudest seems to be about his age.
Bahamas among countries at risk of polio outbreak
THE PAN American Health Organization has warned that 12 countries in the region, including The Bahamas, are considered to be at high or very high risk of experiencing a polio outbreak.
54 records expunged by rehabilitation committee
THE Rehabilitation of Offenders Committee has received 112 applications from people seeking to have their records wiped clean between January and June of this year, with 54 of those applicants said to have already had their records expunged.
Two accused of burglary
TWO men appeared in Magistrate’s Court yesterday on separate charges of housebreaking and burglary.
Jonquel Jones leads her team at FIBA World Cup
Just days after her WNBA season came to an end, Jonquel Jones returns to international play with Bosnia and Herzegovina at the FIBA Women’s Basketball World Cup.
HUBERT EDWARDS: Governance of SOEs critical to ‘end game’
I have consistently argued that Bahamian policymakers must move urgently to implement structural reforms so as to influence the country’s economic fortunes.
